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#Proof of Joined
Bitcointalk username: LUCKMCFLY
Campaign to Apply: Facebook
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I think the same, if Bitcoin is increasing, in the same way the alts will fall in price unless the bitcoin confirms the bullish trend, in that case both ETH and any alt will go up. In the ETHBTC pair the behavior in general is very similar to that of BTCUSD, it is logical, they will always follow the path of the Bitcoin King. The fluctuations that can be seen unlike the BTCUSD is particularly when the changes of strong movements in Bitcoin occur.
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Hey guys,
By recent Fear&Greed Index bitcoin is in extreme greed area, usually it's a sign of decline in price or even crash. I've been observing this index for quite some time and find it pretty accurate, of course it doesn't give you the exact day or time but it indicates the sentiment on the market. Do you ever use this index in your trading analysis?
This is just an indication, as you say, but it is not something fundamental by which you should guide yourself, sometimes the strategies of the whales consist of making traders believe that to be able to make the opposite movement and thus win, it is like a jungle, not all investors or traders have an opinion, not all emotions are reflected there. In the same way, it is good to have all this information so that you can carry out your commercial decision. What matters is that your trading plan is not affected by news, I learned that from a book by Jesse Livermore, which, he did not see or trade news so that they would not interfere in his analysis, of course today is decision of the trader to do what suits him best according to his criteria. |
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I have never done that practice, although the idea of copying sounds very good, if you make a profit it is something spectacular, but I value much more if I win due to my own trading decisions, because if I lose I simply take my loss and learn from it, and If I win I learn why I won, I think that by learning the chances of continuing to be successful increase.
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There are many theories of trading, in short-term trading many resistances and supports usually appear, but in my opinion, according to each analyst, they interpret their resistance or support.
I call the resistances areas of opportunity, for me the only support or ceiling is $ 20k, the whales always choose some price limits to make their purchases to test offer, if the offer is very large they wait until there is not much to keep increasing, it's basically what I interpret as bulls.
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As what I understand in the statement. The bot you are trying to introduce is a bit the same as the martingale. Not that I don't like bots or like bots but many have use bots and never be heard if they earn good profit. What I mostly heard is that the bot made their bets easy and less time consuming just by changing the bettings that you want the bot to run.
It has been demonstrated many times in the past that betting patterns no matter how advanced do not work, this just seems like a slower martingale in which case it will take you long to be busted by the casino but eventually it is going to happen, it is better to just accept the house edge is there and bet responsibly, it is true that variance can allow us to win from time to time and this gives the impression that the roulette could be beaten with the application of patterns but this is not true, besides the kind of patterns described on the OP can be applied successfully by a bot but if a person tries to do this and losses several times in a row most likely they will revert to martingale negating the strong points of this system. House edge is the rule that it seems nothing can win in long term. That is why my strategy is to make it increasing size at least. Deepsum is not Martingale. Martingale is geometric progression and alternated with Deepsum arithmetic progression. The feeling that you still win in a long run, millions of bets, is very fantastic. I did stop my virtual machine running the bot after betting continuously for 3 weeks with live stream on Youtube. The above attached script is only the basic. You can try changing the factors and modify the script to get some nice results. When the script is changed does it give it a more random touch? It is somewhat difficult when it comes to Provably Fair, it is an algorithm that can be very complex. I would not change it, but can you put a random at the programming level? from what you say I think you program it by java? |
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Several people have already talked about it, but sometimes I think one thing, if a trader is clear about trading on any platform, it does not mean that he will become a millionaire overnight, sometimes the alts suffer many falls because When bitcoin makes a major move, the highs suffer, and they bleed out even more if bitcoin takes a dip.
Due to my short experience as a trader, I have noticed that it is best to trade on these platforms in the long term, no matter what it falls, it is left there as long as necessary until it can recover the price. However Binance has good fees for withdrawal of funds.
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What criteria do you use for the APP? Do you apply only AT? What indicators do you use to determine that you open a trade and close it? I imagine you do it for very short time intervals, scalping style.
The initiative is very good, I imagine that you connect the indicators directly from the APP to TradingView. It would be excellent if you could place the volume, so that the analysis of the people is not merely chartist, so you open the possibility of being able to study the volume later.
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You can start trading with any amount, but it is necessary that before trading with real money, you use an Exchange that you have to operate with fictitious money, normally the emotion makes you not operate like that, but directly with real money, but it is always recommended with virtual money so that you can learn to handle the Exchange tools, learn to follow your trading plan and how you can react to sudden market movements.
But I recommend you learn to understand the market, look for the reasons for the movements, sometimes the impacts of some news, fundamentals, emotions, if a whale entered, if an investor entered to buy and made a short movement in the market to buy cheap, learn to read the volume, there are many books that teach you to think, especially those by speculators such as Wyckoff, Livermore, since most of the information on social networks and courses you will find only on Technical Analysis, but before doing an T.A, it is best to start trying to understand the market movements.
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It is very likely that the price will continue to increase, following the pattern in 2017 we may have a similar movement for this year, of course it is just a pattern, it is not that it will happen, because the events in 2017 were very different from those of 2020 , but on certain occasions the market repeats some movements as events occur.
This 2020 has been a very unpredictable year, almost that events have occurred with the same volatility of the Bitcoin market, but we must not forget that for December demand increases, and this is beneficial, since Bitcoin can take a good bullish jump.
Biden's victory is yet to be seen, this December 14 everything is decided, it is still difficult to determine what may happen, this in part also affects the market, since it becomes a fundamental in the short term and with an effect on the market.
I think this year we can see the price of Bitcoin reach at least ATH, maybe by the beginning of 2021 we will be reaching new highs.
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Hi guys!!! Blockchain Technology
Macro RSI Shows Bitcoin is on the Verge of a Massive Bull RunBitcoin has seen a rapid rally over recent weeks from the $10,000 range to $16,000 as of this article’s writing. The leading cryptocurrency is expected to move even higher in the weeks and months ahead as long-term trends are still positive. according to PlanB: “if you missed 2013 and 2017 bull markets: current #bitcoin price rise to $16k is just a small taste of what will come next. we are just warming up.”  Source: https://thecryptostreet.com/blockchainnewsmagazine/macro-rsi-shows-bitcoin-is-on-the-verge-of-a-massive-bull-run/?utm_source=dlvr.it&utm_medium=twitterI think a very good movement is brewing ... I think that by this December we will be able to touch $ 20k again .. |
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There is something that will always be fulfilled, when bitcoin is in a bullish trend, all altcoins will rise in price, some investors shelter their money in altcoins already when they confirm the bullish trend and just make the first correction, at that moment is where they determine that It is the best way to buy because as bitcoin follows its bullish path, altcoins rise from 2x to 10x some, many of them only have one pump and their lives are ending, others remain in the market according to their investors have available, obviously this occurs when bitcoin is in a bullish trend.
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$5k seems exaggerated to me, I would recommend you start with a free group where information is exchanged, you cannot start making a group that way, you have to have tests and even streaming to be able to demonstrate the veracity. You must say what methods you use or what theories you apply in the market.
When you say advanced you mean what? For me, a professional trader is one who handles at least $ 1M.
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Ahora con la reciente subida de precio por parte de Bitcoin, algunas máquinas minadoras fueron declaradas como No-Operativas, sobre todo cuando fué el halving de Bitcoin cuando se esperaba un buen repunte del precio, muchos las desconectaron. Pero debido a los precios de Bitcoin las famosas máquinas Legendarias S9 de Bitmail fueron conectadas de nuevo. Por supuesto en CHINA es donde más surgió estas conexiones donde claramente aquellas personas que las poseen las tarifas de energía eléctrica es relativamente baja, alrededor de 0.06 KW/H y obviamente en CHINA es donde concentran mucho más el Hashrate. todos aquellos equipos que se encuentren en un hash superior a los 10 TH/s, se mantienen activos. A todos estos factores, se puede unir la caída de la dificultad de la red, lo que hace mucho más fácil la tarea de conseguir bloques válidos para los mineros.  Fuente: https://criptotendencia.com/2020/11/14/equipos-de-mineria-bitcoin-obsoletos-vuelven-a-la-vida/No conozco mucho sobre minería, me gustaría saber más acerca de ello, de hecho alguien podría recomendar algún libro que enseñe sobre minería? En los tableros y topics del foro son bastante radicales en cuanto a la minería, pues todo recae sobre cosas muy específicas, pienso que la minería los que mas tienen conocimento es porque tienen sus máquinas y han aprendido obteniendo experiencia, si algún miembro de la sección en Español tiene esta máquina Legendará la Antminer S9 que la conecte y la ponga en línea para que genere esos preciados Bitcoins. |
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For me this is somewhat confusing, in several media they reported that only until December 14 is it known if Biden is really the winner of the presidency, in my case, seeing this news does not cause any impact on my business decisions, but Certainly there are investors, traders who if they do and follow the advice of some influencers, I think that we still have to wait for Bitcoin to pass $ 20k, if everything goes well, it is very likely that this year we can reach that magic figure of $ 20k, even exceed it.
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